Significant Financial Interest and PHS Policy

Significant Financial Interests
-- PHS FCOI Policy

Disclosure Thresholds

Federal regulations and the PHS FCOI Policy require disclosure of Significant Financial interests on an annual basis and when a new relationship or activity arises. The required forms are found here.

Significant Financial Interests (SFIs) are defined as:

Nature of SFI

Threshold

Excluded (Do Not Disclose)

Compensation and/or other payments for service

Exceeds $5,000, when aggregated

Annual Compensation received is less than $5,000, as well as any compensation received for lectures, seminars, teaching engagements, or service on advisory committees or review panels relating to federal, state, or local government agencies, an institution of higher education as defined in 20 U.S.C. 1001(a), an academic teaching hospital, a medical center, or a research institute that is affiliated with an institution of higher education, and compensation received from OUHSC funds

Equity interests in a publicly-traded entity

Exceeds $5,000 when aggregated

Interests in any single entity valued at less than $5,000 as well as interests in any entity through personal retirement accounts and mutual funds

Equity interests in a non-publicly-traded entity

0 / Any

Interests in any entity through personal retirement accounts and mutual funds

Intellectual property rights and interests upon receipt of income related to such rights and interests

Exceeds $5,000

Royalties received from OUHSC funds, and unlicensed intellectual property that does not generate income

Sponsored or reimbursed travel

Exceeds $5,000

Travel administered through NU funds, and travel reimbursed or sponsored by a federal, state, or local government agency, an institution of higher education as defined in 20 U.S.C. 1001(a), an academic teaching hospital, a medical center, or a research institute that is affiliated with an Institution of higher education.

*Note that while these are the definitions required by regulations and the OUHSC Board of Regents policy, the sponsor, your unit, or your department may require more stringent disclosure thresholds.